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Homebuilder Hammers Estimates Again, Orders Rise 40% (LEN, DHI, PHM, HOV, TOL, NVR, KBH, XHB)

Homebuilder Lennar Corp. (NYSE: LEN) reported second quarter earnings today that handily beat both EPS and revenue estimates. Excluding a one-time tax gain, the company posted EPS of $0.21 compared ...
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Top Analyst Upgrades & Downgrades (AEO, AVP, BONT, CSCO, CORT, JNPR, KMI, LEN, LULU, NTAP, PHM, QCOM, RVBD, SD, STI, RIG, VE)

These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. American Eagle Outfitters (NYSE: AEO) named Bull of the Day at ...
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24/7 Wall St. Closing Bell — June 6, 2012 (FB, GRPN, CHK, PHM, SHW, HOV, AMSC, CYBX, MTN, CMVT, SJM, LULU, PBY, TITN, LEE, BRK-A, BRK-B, TPX, FCEL)

The three major US stock indexes opened higher this morning despite the refusal of the European Central Bank to lower its interest rates (our story here) and a lower-than-expected rise ...
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Top Analyst Upgrades & Downgrades (CHK, CIT, FB, GRPN, NSM, PHM, DGX, RAX, RYL, SHW, SLM, SYMC, TTM, VRA, VRSN)

These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Chesapeake Energy Corp. (NYSE: CHK) Raised to Hold from Sell at ...
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Homebuilder Horton Beats Estimates, Expects Full-year Profit (DHI, PHM, LEN, HOV, TOL, NVR, KBH, XHB)

Hopes for a recovery in homebuilding have picked up recently, primarily as a result of pent-up demand for new household formation. All those college grads who moved back in with ...
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Fears of a New Housing Peak? (LEN, KBH, DHI, PHM, TOL, HD, LOW)

The housing market is supposed to be doing better and the lack of a new recession is supposed to have helped to put in a floor under what had been ...
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Top Analyst Upgrades & Downgrades (AAPL, CELG, CLD, CNX, DRQ, EIX, NOK, PPL, LEN, PHM, TOL)

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday (Friday the 13th). Apple Inc. (NASDAQ: AAPL) Reiterated Buy and Raised ...
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24/7 Wall St. Closing Bell (DELL, AIG, WPRT, VLO, HOG, SVU, ATNY, AA, HCSG, XRIT, DHR, VPHM, TRGT)

Markets opened mixed this morning but all three major indexes turned lower shortly thereafter and have continued to inch lower into the late afternoon. The selling is being pushed along ...
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VioPharma Runs Into FDA & FTC Troubles Over Staph Drug (VPHM)

ViroPharma Incorporated (NASDAQ: VPHM) is getting crushed on news that the Food & Drug Administration has denied the petition filed by ViroPharma on March 17, 2006 related to the FDA's ...
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24/7 Wall St. Closing Bell (AMZN, APOL, HFC, LVS, VZ, MOS, RHT, SN, SHAW, BBY, MY, RIMM, FINL, PHM, CHTP, MM)

Markets opened lower this morning but fought back on the day.  This morning’s report new unemployment benefits claims tamped down enthusiasm among investors (our coverage here). US natural gas inventories ...
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PulteGroup Sinks Homebuilders Shares (PHM, DHI, KBH, MHO, XHB)

Homebuilder PulteGroup Inc. (NYSE: PHM) is leading homebuilding stocks into another trough today following a downgrade from S&P Capital IQ to ‘Strong Sell’. MarketWatch cites an analyst’s comment on Pulte ...
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Homebuilders Rally, Ignore Case-Shiller Drop (LEN, PHM, BZH, DHI)

This morning’s report on the S&P Case-Shiller housing price index indicated that housing prices continue to fall in the US (our coverage here). Shortly before the January data was released, ...
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Top Earnings Previews For Thursday (BZH, PHM, BX, CME, DOW, GNW, GILD, IP, K, MA, MRK, RCL, HOT, TRMB, VRTX, YRCW)

Earnings season is still upon us.  There are going to be many big earnings reports Thursday and we would consider Thursday as the climax for the companies reporting their normal ...
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Top Analyst Upgrades & Downgrades (AMGN, CMA, COP, GOOG, JIVE, JCI, NUVA, PG, PHM, RIMM, SN, SIRI, VPHM)

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Amgen Corporation (NASDAQ: AMGN) Cut to Neutral at JPMorgan. ...
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US Home Prices Fell in November (PHM, KBH, DHI)

US home prices fell -1.4% month-over-month in November and -4.3% year-over-year according to the latest report from research firm CoreLogic. The year-over-year drop in October was -3.7%. The declines come ...
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